Marketplace Morning Report
Start your day with an up-to-the-minute report on the world of business and finance with host David Brancaccio.
Airing on Thursday, May 21, 2015: In the housing market, there's new data that costs related to renting went up more than owning this past year. We'll talk more about the implications. And speaking of new data, we'll talk about findings that few Americans are prepared for a sudden change in cash flow. Diana Farrell is President and CEO of the JPMorgan Chase Institute, which did the study, and joins us this morning to talk about the results. Plus, on the eve of Disney’s 60th anniversary, we look at its self-sustaining model: the circular loop of how its movies and characters create theme park attractions which are then translated into merchandise, which then feed back into the movies.
Airing on Wednesday, May 20, 2015: We'll talk about the high price tag of a possible merger in the cable industry: Altice of France is in talks to buy Suddenlink, a U.S. cable company, for about $10 billion. More on that. Plus, the Senate Education Committee meets Wednesday. Senator Lamar Alexander, who chairs the committee and is a former secretary of education, has proposed that colleges share in the risk of lending to students. He says this would lead to reduced student borrowing. How would it work if colleges had “skin in the game” and how realistic is the proposal? We explore. Plus, in our next installment of our series "Pro Tool: Tools of the Professional," we'll talk about the notebook one writer says he can't work without.
Airing on Tuesday, May 19, 2015: Wal-Mart announces its first quarter results on Tuesday. We look at what effect recent wage rises for Wal-Mart workers may have had on its bottom line. And the European Central Bank says it's going to front-load its bond buying stimulus going into summer. We look at what effect that has on the European markets. Plus, "Swatting" isn't a new prank, but new technologies are making it more common and more attractive to hackers. How big is the problem, and what are police departments and emergency call centers doing to fight it?
Airing on Monday, May 18, 2015: First up on today's show, we'll talk about Chinese prime minister Li Keqiang's visit to South America. Next: the tech sector in San Francisco may be booming, but the city's homeless are still suffering. And with real estate prices skyrocketing, pressure has intensified on the needy. Advocates say there's only about one shelter bed for about every six homeless people. New residents are clamoring for solutions. So the city is trying something a little different—a shelter with fewer rules and more open space.
Airing on Friday, May 15, 2015: Cosmetics company Avon is apparently a victim of a phony takeover bid. More on that. And all this year Marketplace has been reporting on the ways technology is changing the classroom. Our series, Learning Curve, is coming to an end in the next few weeks. But, not before we hear from parents. Marketplace commissioned a national survey, and Adriene Hill joins us to share some of the results. Next, Pedialyte, best known as a kids' remedy, is moving into the adult market by pushing itself as a hangover remedy. We look at the challenges of rebranding a kids product for grown-ups and moving into a crowded market.
Airing on Thursday, May 14, 2015: First up, more on the recommendation by an independent panel set up by the British government that the global pharmaceutical industry should come up with money to jump start research into ways to stop drug-resistant bacteria. And Jeep is entering the luxury SUV competition—along with Maserati, Jaguar and others—as SUV sales roar back, especially luxury SUVs. Plus, Sotheby’s is teaming up with Drake to curate music to pair with an exhibition of works by black artists on view at its New York headquarters. The hope is the auction house will be able to attract a more diverse (and younger) crowd of collectors to but the works.